| Notes to the Group annual financial statements l
Note 1.4 |
|
| 1.4 |
Finance costs and finance income
| Finance costs/income are recognised in profit and loss using the effective interest rate method as the instruments to which this relates are measured at amortised cost. |
|
|
|
|
|
|
| |
2017
R’000 |
|
|
2016
R’000 |
|
| Finance costs |
|
|
|
|
|
| – Bank |
29 |
|
|
61 |
|
| – Loans and facilities |
97 474 |
|
|
33 851 |
|
| – Unwinding of contingent purchase price |
4 621 |
|
|
9 712 |
|
| – Other |
3 394 |
|
|
4 583 |
|
| – Discounting of payables |
197 509 |
|
|
165 903 |
|
| |
303 027 |
|
|
214 110 |
|
| Finance income |
|
|
|
|
|
| – Bank |
(23 557) |
|
|
(34 002) |
|
| – Loans |
(22 444) |
|
|
(4 336) |
|
| – Related-party loans (refer to note 8) |
(31 237) |
|
|
(25 351) |
|
| – Other |
(1 887) |
|
|
(577) |
|
| – Discounting of receivables |
(163 069) |
|
|
(129 633) |
|
| |
(242 194) |
|
|
(193 899) |
|
| Net finance costs |
60 833 |
|
|
20 211 |
|
|
| Notes to the Group annual financial statements l Note 1.4 |
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